Category: Income Tax | Income Tax Logbook SARS Tax Tax season Travel Travel claim Vehicle Vehicle claim 2024
When can you claim for travel?
If you receive a travel allowance from an employer or principal, you can claim a deduction on assessment of your annual income tax return for the use of a private motor vehicle for business purposes.
What do I need to do?
Firstly, record your motor vehicle’s odometer reading on 1 March, i.e. on the first day of a tax year.
Secondly, make sure that you keep a logbook throughout the year. Note that it is not necessary to record details of private travel but you must record details of business travel. You may make use of the SARS eLogbook, simply download the:
- 2024-25 SARS eLogbook for the 1 March 2024 – 28 February 2025 assessment year and filing season starting 1 Jul 2025
Top Tip: Without a logbook you won’t be able to claim the cost of business travel against your travel allowance.
Thirdly, record your motor vehicle’s closing odometer reading on the last day of February (28/29) of the next year, i.e. on the last day of the applicable tax year.
Fourthly, calculate your total kilometres for the full year (closing kilometres less opening kilometres).
Fifthly, calculate your total business kilometres for the year (sum of all business kilometres).
What do I record in my logbook?
In respect of every business trip you must record at least the following:
- The date of travel
- The kilometres travelled
- Business travel details (where you started your trip, where you went and the reason for the trip)
Top Tip: Your travel between home and your place of work cannot be claimed for business purposes, as this is regarded as private travel. A separate logbook must be kept for each motor vehicle where more than one motor vehicle has been used for business travel during the year of assessment.
How do I work out how much I can claim?
There are two ways of doing this:
- Calculate your claim based on the cost scale table which SARS supplies (this table is available in the introduction section to the travel eLogbook)
- Calculate your claim based on actual costs. To do this, you’ll have to keep an accurate record of all your expenses during the year, in addition to keeping a log book. These expenses include fuel, oil, repairs and maintenance, car licence, insurance, wear-and-tear and finance charges or lease costs.
Top Tip: you must keep your logbook for a period of at least five years from the date of the submission of your return, as you may be required to submit it to SARS to back up your claim.
